Quote from: majamalu on July 15, 2015, 12:12:42 AM

Quote from: iCEBREAKER on July 10, 2015, 03:25:55 PM

TX fees are still orders of magnitude below their cost in electricity, etc., demonstrating fee pressure insufficient for develop mature markets.

I had forgotten this gem. Roll Eyes

Fortunately your personal opinions don't matter; this is not a centrally planned economy.

You should take more care in committing to memory my gems of wisdom. Wink

Are you asserting that (contrary to my "personal opinion") TX fees are *not* orders of magnitude below their cost in electricity, etc.?

Are you likewise asserting current fee pressure is sufficient to develop mature markets?

Please provide citations/evidence for your gainsaying.

Quote from: majamalu on July 15, 2015, 12:21:39 AM

Quote from: iCEBREAKER on July 10, 2015, 10:00:53 AM

I suspect we agree that should 1MB blocks become an undeniably urgent concern (EG, if we see actual congestion resulting in appropriate fees no longer prioritizing their tx) the controversy will rapidly dissipate and be replaced by emergent rough consensus.

And I guess we will have to ask you if the fees are "appropriate" or not.

Nope. In that context "appropriate" means "competitive." We simply have to watch and see if tx with appropriately competitive (as objectively defined by current fee context) are given the priority for which they have paid.

If you could actually respond to what I write, instead of deflecting by characterizing it as subjective, that would be great.